Oman aims to award 11 oil exploration and production contracts in 2010 as part of efforts to boost long-term crude output, a top official said on Monday. Oman aims to boost crude output to 860,000 barrels per day (bpd) in 2010 from output of 812,500 bpd in 2009, said Nasser Al-Jashmi, state undersecretary for oil and gas, at a press conference in Oman.
Oman’s biggest oil producer Petroleum Development Oman (PDO) is targeting crude output of 540,000 bpd to 560,000 bpd in 2010, unchanged from last year, said PDO’s managing director John Malcolm at the same event.
